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Procore Technologies Appoints New CEO Designate

Story Highlights
  • Procore appointed Dr. Ajei S. Gopal as CEO Designate effective September 22, 2025.
  • The company reaffirmed its Q3 and full-year fiscal 2025 guidance, showing confidence in its strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Procore Technologies Appoints New CEO Designate

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The latest announcement is out from Procore Technologies ( (PCOR) ).

On September 19, 2025, Procore Technologies appointed Dr. Ajei S. Gopal as CEO Designate, effective September 22, 2025, with plans for him to become CEO after the company’s Q3 financial results announcement. Dr. Gopal, who previously led Ansys, Inc. to significant growth, is expected to drive Procore’s next phase of growth and innovation. The company reaffirmed its Q3 and full-year fiscal 2025 guidance, indicating confidence in its strategic direction.

The most recent analyst rating on (PCOR) stock is a Buy with a $80.00 price target. To see the full list of analyst forecasts on Procore Technologies stock, see the PCOR Stock Forecast page.

Spark’s Take on PCOR Stock

According to Spark, TipRanks’ AI Analyst, PCOR is a Neutral.

Procore Technologies’ overall stock score is driven by strong revenue growth and operational efficiency, as highlighted in the earnings call. However, profitability challenges and a negative P/E ratio weigh on the valuation. The technical analysis indicates a neutral trend, with potential bearish momentum. The company’s strategic focus on innovation and customer acquisition supports its growth potential, but addressing profitability is crucial for enhancing financial health.

To see Spark’s full report on PCOR stock, click here.

More about Procore Technologies

Procore Technologies, Inc. is a leading global provider of construction management software, offering a unified technology platform that enhances efficiency and mitigates risk through AI and data-driven insights. The company has facilitated over three million projects across more than 150 countries.

Average Trading Volume: 1,684,661

Technical Sentiment Signal: Buy

Current Market Cap: $10.71B

See more insights into PCOR stock on TipRanks’ Stock Analysis page.

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